SOLD
RECENT ADVICE
Sold on 10 Nov 2023 for $2,914,000

19 William Street
Marrickville NSW 2204

Bedrooms: 8
Bathrooms: 8
Car spaces: -
Floor area: 366m2
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Property Details for 19 William St, Marrickville

19 William St, Marrickville is a 8 bedroom, 8 bathroom BlockOfUnits. The property has a floor size of 366m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 8 bedroom BlockOfUnits sold in Marrickville in the last 12 months.

Building Type
BlockOfUnits
Floor Size
366m2
Local Government
Inner West
Lot/Plan
34/2/DP1290

Last Listing description (November 2023)

A blue-chip opportunity for the investor, developer or SMSF buyer, this entire block of eight is offered in one line presenting a valuable land bank asset ideal as a low-maintenance portfolio addition with a steady income stream, excellent rental demand and capital growth potential. A prime location just 150m to Addison Road's eat street and 900m to Petersham station offers superb walkability with cafes and parks all around and scope to retain as an investment with potential for future strata subdivision (STCA). Classic period features including polished timber floors and ornate ceilings add plenty of charm to the interiors while well-presented interiors make for comfortable living.

- 8 x 1 bedroom apartments, each 40sqm-48sqm internally
- Sunroom/study or small bedroom in each apartment

- Prime landbank, ideal for the developer or SMSF buyer
- Strong rental yields and superb capital growth potential
- Immediate asset with an excellent steady income stream
- Unlock the potential STCA or retain as a solid investment
- Scope to renovate and sub-divide for future resale (STCA)
- Current combined annual income $156,000.00 pa approx
- 371sqm approx, district views from upper level apartments
- Stroll to Addison Road cafes and Organic Food Market
- Walk down Addison Road to Enmore Park and aquatic centre
- 750m walk to Petersham village and Newington College
- Rates: Water $1480pq, Council $2840pq (Both approx.)

Contact Ercan Ersan 0423 941 112
Shaun Stoker 0424 172 217

Our recommended loan broker: Tommy Nguyen (www.loanmarket.com.au/tommy-nguyen)

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Property History for 19 William St, Marrickville, NSW 2204

A timeline of how this property has performed in the market
Last Sold
$2,914,000
10 Nov 2023
Listed for Rent
$390/w
30 Apr 2015
  • 10 Nov 2023
    Sold for $2,914,000
  • 11 Oct 2023
    Listed for Sale SOLD PRIOR TO AUCTION
  • 24 Oct 2018
    Listed for Rent $400 / week
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About Marrickville 2204

The size of Marrickville is approximately 5.8 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Marrickville in 2011 was 24,612 people. By 2016 the population was 26,571 showing a population growth of 8.0% in the area during that time. The predominant age group in Marrickville is 30-39 years. Households in Marrickville are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Marrickville work in a professional occupation. In 2011, 54.6% of the homes in Marrickville were owner-occupied compared with 51.2% in 2016.

Marrickville has 14,980 properties. Over the last 5 years, Houses in Marrickville have seen a 46.11% increase in median value, while Units have seen a 22.60% increase. As at 31 October 2024:

  • The median value for Houses in Marrickville is $2,078,634 while the median value for Units is $895,667.
  • Houses have a median rent of $890 while Units have a median rent of $650.
There are currently 61 properties listed for sale, and 115 properties listed for rent in Marrickville on OnTheHouse. According to CoreLogic's data, 524 properties were sold in the past 12 months in Marrickville.

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Contact agent
Ercan Ersan
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Shaun Stoker
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Ray White Erskineville, Alexandria and Surry Hills
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